2.3 Changes to the calculation of alternative minimum tax
2.3 Changes to the calculation of alternative minimum tax
Since 2024, the tax rate for alternative minimum tax (AMT) has been 19% (i.e. the rate that applies to the second taxable income bracket in the personal income tax table).
The basic exemption for 2025, which now only applies to qualified disability trusts, is $179,990.
Note that other types of trusts are not subject to AMT for taxation years starting after December 31, 2023.
For more information about AMT and exempt trusts, see the instructions for lines 130 and 132.
